Pluto Investments, an affiliated entity of Carlyle Asia Partners has agreed to invest up to Rs 3,185 cr through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share. Existing shareholders of the Company, funds managed by SSG and General Atlantic, are also participating in the capital raise.
PNB Housing Finance on Monday said its board has approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants to entities led by Carlyle Group firms.
Why PNB Housing Finance share hit upper circuit today
PNB Housing Finance share touched an intraday high of Rs 525.2, rising 19.99%. It closed at the same level on BSE. Market cap of the firm rose to Rs 8,837 crore on BSE
BusinessToday.In | May 31, 2021 | Updated 17:20 IST
Market cap of the firm rose to Rs 8,837 crore on BSE. PNB Housing stock stands higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
PNB Housing Finance share ended 20% higher today after the firm s board approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants to entities led by PE firm Carlyle Group and Aditya Puri s Salisbury Investments.
India Business News: PNB Housing Finance on Monday said its board has approved a proposal to raise up to Rs 4,000 crore by issuing equity shares and convertible warrants t